VIETNAM: Plans For $191m Polyester Fibre Plant Unveiled

Officials from the Vietnam National Garment and Textile Corporation (Vinatex) on Wednesday unveiled ambitious plans for a new $191 million polyester fibre plant. The huge project - in conjunction with the state-run Vietnam Oil and Gas Corporation (PetroVietnam) - will see a factory with an annual production capacity of 130,000 tons built to provide for the nation's textile industry.

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